Import trends of nonwovens textiles, except felt, to China, experienced fluctuations between 2013 and 2023, standing at 146.23 million kilograms in 2023. Specifically, there were notable year-on-year variations, such as a sharp increase of 10.93% in 2017 and decreases of 9.21% in 2015 and 4.28% in 2020. From 2019 to 2023, an overall moderate increase was observed with a 2023 growth rate of 0.69%. The compound annual growth rate (CAGR) for the last five years reached 1.04%, suggesting a relatively stable average annual increase.
Looking ahead, the forecast predicts a continuation of gradual growth, with a 5-year CAGR of 0.56% from 2024 to 2028, reaching 151.49 million kilograms by 2028. This indicates a slow but steady growth rate with an overall forecasted increase of 2.82% over this period.
Future trends to watch for would include the impact of technological advancements in textile production, potential changes in trade regulations, and shifting demands within the Chinese market. These factors could significantly influence the import volume of nonwovens textiles in the coming years.
